Welcome to your daily crypto news digest. Here's what's making waves in the blockchain world today.
In the first quarter of 2025, Solana surpassed all other blockchains, including Ethereum, in network revenue. This achievement was fueled by Solana's impressive capability of handling 65,000 transactions per second (TPS) and its ultra-low transaction fees, which have made it a popular choice for developers and users alike.
As of January 2025, Solana recorded a Total Value Locked (TVL) of $12 billion. The blockchain's rapid expansion in Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs) has solidified its position as the top-earning blockchain network.
For perspective, Ethereum reached similar revenue milestones back in 2020. However, Solana's scalability and affordability have given it a competitive advantage in attracting users and projects.
This development highlights the ongoing competition among blockchains in terms of scalability, adoption, and economic activity. Solana's rise underscores the increasing importance of transaction efficiency and low costs in driving network adoption and revenue growth.
Bitcoin price forecasts for 2025 are painting a highly optimistic picture, with analysts and major funds estimating values ranging from $122,000 to as high as $700,000. The majority of predictions, however, fall between $200,000 and $250,000—representing a potential 1.5x increase from current price levels.
Several factors are driving these bullish price projections:
These factors combined are expected to contribute to Bitcoin's growth trajectory in the coming years.
The European Union (EU) is taking significant steps to regulate the cryptocurrency space with new measures targeting anonymity in digital assets. Under the updated Markets in Crypto-Assets (MiCA) regulations, crypto asset service providers (CASPs) will be prohibited from servicing anonymous wallets and tokens, including privacy-focused cryptocurrencies like Monero (XMR) and Zcash (ZEC). The enforcement of these restrictions is expected to begin by 2027.
The proposed regulations represent a significant shift in how privacy-focused cryptocurrencies will be treated within the EU, further aligning the region’s digital asset policies with global AML standards.
The ban on anonymous tokens and the introduction of stricter KYC requirements could have far-reaching consequences for privacy coin projects and crypto users prioritizing anonymity. Exchanges and wallet providers operating in the EU will need to adjust their practices to comply with these new rules.
As the 2027 deadline approaches, further details on implementation and enforcement are expected to be clarified by EU regulators.
In a significant policy update, Apple has revised its U.S. App Store rules following its antitrust loss to Epic Games. This change allows iOS applications to link to external payment platforms, accept cryptocurrency payments, and display non-fungible tokens (NFTs) without being subject to the notorious 30% “Apple Tax” or facing restrictions on Web3 functionalities.
While the updates signal Apple’s openness to blockchain innovations, some limitations persist:
- Apps are prohibited from offering token-based rewards.
- Initial Coin Offerings (ICOs) are not permitted via iOS apps.
- Using devices for mining cryptocurrency remains restricted.
This policy shift represents a notable step forward for the adoption and integration of blockchain technologies in mainstream mobile applications.
Goldman Sachs is making significant moves in the cryptocurrency and blockchain space. According to Mathew McDermott, the global head of digital assets at Goldman Sachs, the banking giant is set to increase its investments in crypto lending and push further into asset tokenization.
These moves highlight Goldman Sachs' commitment to leveraging blockchain technology to innovate traditional financial services and explore new revenue streams. The bank has been gradually increasing its presence in the crypto and blockchain ecosystem, and these initiatives indicate a long-term strategy to capture opportunities in this rapidly evolving industry.
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